Comment Text:
i0-001
COMMENT
CL-O0111
From:
Sent:
To:
Subject:
kevin
Friday, January 15, 2010 7:00 PM
secretary
10:1 rule
The proposed 10:1 leverage rule is not a protective measure, it is a destructive measure. If this is
implemented I do not know of 1 individual forex trader that will keep any US forex accounts open.
Please consider what this will to to US brokerages and their employees. If you want traders to minimize
risk; have them complete a mandatory money/risk management course before being allowed to open an
account.
Other proposals are fair, but the above is ridiculous.
K.A. Snow
